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How did the rulers of the Inca empire maintain order? How did they control the population of the nations they defeated militarily, the majority of whom were not ethnically Inca?
Listed Put Option
A put option that is traded on an official exchange, giving the holder the right but not the obligation to sell a specific asset at a set price before the option expires.
Exercise Price
The price at which the holder of an options contract can buy or sell the underlying asset.
Stock Split
A corporate action that increases the number of a corporation's outstanding shares by dividing each share, which in turn diminishes its price.
American Call Option
A financial derivative allowing the buyer the right, but not the obligation, to buy a specific stock or asset at a predetermined price within a certain time period.
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